Press release
Acrylonitrile (ACN) Market Revenue, Regional & Industry, Country Share, Key Factors, Trends & Analysis, To 2028
MARKET INTRODUCTIONAcrylonitrile is an organic compound and is a colorless volatile liquid, although commercial samples can be yellow due to impurities. It has a pungent odor of garlic or onions. In terms of its molecular structure, it consists of a vinyl group linked to a nitrile. Acrylonitrile is used in many industries and is used to make certain plastics, rubbers, chemicals, and the past as a pesticide. Some examples of workers at risk of being exposed to acrylonitrile include manufacturing acrylic fibers and plastics.
MARKET DYNAMICS
The acrylonitrile (ACN) market has witnessed a significant growth owing to factors such as demand of the acrylonitrile (ACN) is increasing demand for acrylonitrile butadiene styrene (ABS) in the automotive and construction industries. Moreover, the increasing R&D activities have been providing a huge market opportunity for the key players operating in the acrylonitrile (ACN) market. However, volatile prices is projected to hamper the overall growth of the acrylonitrile (ACN) market.
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MARKET SCOPE
The "Global Acrylonitrile (ACN) Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acrylonitrile (ACN) market with detailed market segmentation application, and geography. The global acrylonitrile (ACN) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylonitrile (ACN) market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global acrylonitrile (ACN) market is segmented on the basis of application. On the basis of application, the global acrylonitrile (ACN) market is divided into acrylic fibers, adiponitrile, styrene acrylonitrile, acrylonitrile butadiene styrene, acrylamide, and carbon fiber.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acrylonitrile (ACN) market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The acrylonitrile (ACN) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the acrylonitrile (ACN) market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the acrylonitrile (ACN) market in these regions.
MARKET PLAYERS
The reports cover key developments in the acrylonitrile (ACN) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from acrylonitrile (ACN) market is anticipated to lucrative growth opportunities in the future with the rising demand for acrylonitrile (ACN) in the global market. Below mentioned is the list of few companies engaged in the acrylonitrile (ACN) market.
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The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acrylonitrile (ACN) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
INEOS
Asahi Kasei Advance Corporation
Ascend Performance Materials
China Petroleum & Chemical Corporation
Formosa Plastics Corp
Mitsubishi Chemical Corporation
Others
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